£450,000
(£987.78/sq. ft)
Retail premises for saleClapham High Street, London SW4
491 sq. ft
About this property
Ground floor retail investment
Freehold
Uppers sold off
Current lease to tenant has circa 8 years remaining at a rent of £30,000 pax
Potential to extend into the garden, subject to planning
Location
The property is located on Clapham High Street, across from the junction with Clapham Manor Street. The location is well served by public transport links, with various bus routes running along the High Street, whilst Clapham Common, Clapham High Street and Clapham North Stations are situated circa 250,300 and 400 metres away from the property respectively.
Nearby occupiers include: Taco Bell, Subway, Puregym, Evans Cycles, Metro Bank, Nando’s, Fireaway Clapham, Popeyes, Sainsbury’s and Dexters, amongst a host of other independent and national operators.
Description
The shop is arranged over ground floor only and benefits from a garden to the rear of the property.
It may be possible to extend into the garden to increase the size of the shop, subject to obtaining the necessary consents.
Tenancy information
The shop is let to Business Mail Solutions Ltd, trading as Mail Boxes Etc for 15 years from 26th March 2018, with 5 yearly, upwards only rent reviews. The current rent is £30,000 pax. The last rent review has not been implemented yet.
Tenure
Freehold, subject to the existing lease on the ground floor
and a 125 year long leasehold on 101a Clapham High
Street (peppercorn ground rent).
EPC - d-89
Price
Offers in the region of £450,000 for the freehold interest which represents a niy of 6.38% after deducting purchaser's costs.
Size (all measurements are approx NIA)
Ground floor 491 sq ft
Garden 525 sq ft
itza 345 sq ft
Further information
Further information such as the leases, title register and title plan etc can be found in the data room. For access please contact us.
The property is located on Clapham High Street, across from the junction with Clapham Manor Street. The location is well served by public transport links, with various bus routes running along the High Street, whilst Clapham Common, Clapham High Street and Clapham North Stations are situated circa 250,300 and 400 metres away from the property respectively.
Nearby occupiers include: Taco Bell, Subway, Puregym, Evans Cycles, Metro Bank, Nando’s, Fireaway Clapham, Popeyes, Sainsbury’s and Dexters, amongst a host of other independent and national operators.
Description
The shop is arranged over ground floor only and benefits from a garden to the rear of the property.
It may be possible to extend into the garden to increase the size of the shop, subject to obtaining the necessary consents.
Tenancy information
The shop is let to Business Mail Solutions Ltd, trading as Mail Boxes Etc for 15 years from 26th March 2018, with 5 yearly, upwards only rent reviews. The current rent is £30,000 pax. The last rent review has not been implemented yet.
Tenure
Freehold, subject to the existing lease on the ground floor
and a 125 year long leasehold on 101a Clapham High
Street (peppercorn ground rent).
EPC - d-89
Price
Offers in the region of £450,000 for the freehold interest which represents a niy of 6.38% after deducting purchaser's costs.
Size (all measurements are approx NIA)
Ground floor 491 sq ft
Garden 525 sq ft
itza 345 sq ft
Further information
Further information such as the leases, title register and title plan etc can be found in the data room. For access please contact us.
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